Daily Forecast – Share Market – February 23rd, 2024 Nifty may look for 22300 or so | Buy on dips | Stoploss @ 22000 Moon, Rahu with Mercury are leading the day, well supported by Mars and Venus. Importantly, foreign cues may influence the local market, that means market may show further run up. Nifty may try for further new levels. I mean Nifty may look above 22300, globally market is running on AI industry, that means India may show Indian companies working on AI may show good run-in future. Banks may be doing better although, lord of banks and share market is in the shadow of Sun, but next week may give some issues, because of combustion status of this lord. Chances of buy on dips will be better, although today is last working day before weekend. Saturn is combust, so I may prefer to be watchful for textiles, leather, paper and many more segments. Crude oil rates may remain around the same values. Stoploss at 22000 will be better but look for opportunities on dips for another 100 points of Nifty. Wait for longs in banks because coming period may be due to its lord, banks and market may face some dip. Add on dip, instead of chasing the market. Areas like IT, AI related segments, defence, electronics and electrical, EVs, Non-traditional segments, telecom segment, space, logistics, travels and travels, energy (non-traditional like wind etc), watch agriculture related […]

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